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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (46826)	12/8/2005 2:57:50 PM
From: ild	Read Replies (1) \| Respond to of 110194

Kasriel: Appealing To Occam’s Razor to Explain Gold Above $500 northerntrust.com EDIT: POG is again up $5 today. It's getting boring. -g-

To: ild who wrote (46826)	12/8/2005 3:00:18 PM
From: Ramsey Su	Respond to of 110194

I heard from misc sources that I cannot substantiate regarding MBS. There could be over $50 billion of these papers sitting around looking for buyers, buyers that are willing to pay the price. Saxton suggested that Ameriquest (private) sold some at a loss. Now if take the usual suspects and add up what they have in their books, that estimate may not be far off. In the mean time, big players like CFC and WM are jumping on the subprime bandwagon. That will only add to the supply of the MBS market.